Tailscale, a zero-trust enterprise VPN provider, said this week that it has concluded a 100 million USD Series B fundraising round, bringing the company’s total capital to 115 million USD.
Existing investors Accel, Heavybit, Uncork Capital, and angel investors joined the round, which was led by CRV and Insight Partners. The Toronto-based firm, which was founded in 2019, provides a WireGuard-based private network connectivity solution with zero-config and end-to-end encryption that interfaces with Google Workspace, Microsoft 365, Okta, Caddy Server, Syncthing, and VScode.
Tailscale plans to utilise the fresh cash to hire more people, accelerate expansion, and invest in go-to-market and strategic partner projects, according to the company.
Read More: https://www.securityweek.com/zero-trust-vpn-company-tailscale-raises-100-million
For more such updates follow us on Google News ITsecuritywire News. Please subscribe to our Newsletter for more updates.